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20121129
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Search Results 0 to 15 of about 16 (some duplicates have been removed)
you signed with grover norquist. he said i'm okay with closing loopholes, but it has to be revenue neutral. but i think everyone knows that to get a deal done it can't be revenue neutral. are you open to a deal where you cut a lot of spending, and you raise some taxes and it is not revenue neutral? in fact you take in more tax revenue when you're done than when you started? are you open to that? >> what i'm open to is the idea of acknowledging the fact that we can bring in on average 18.5% of gdp through our revenue stream. that's what our tax system is capable of doing in the united states. that remains a constant. whether or top rate is at 35% as it is now, or at 70% as it was back in the early 1980s. that's a relative concept. what i want is for us to produce a steady stream of 18.5% rather than having these peeks and valleys. last year, we had a valley of about 14.5%. other years, closer to 20%. we want a steady, even, 18.5%. >> but to get from 14.5 to 18.5 is not revenue neutral. >> to get to there is not revenue neutral in the immediate sense, but what i'm saying is that if i
d.c. journal the hill." let's do a little refresher. who is grover norquist, talk to me about this pledge. it is not just about raising taxes, is it not? >> it is not just about raising taxes. this is a pledge that is spearheaded by activist grover norquist, a popular figure on the right and he basically is -- most members but not all members of congress on the republican side to sign this pledge which basically says they're not going to increase tax rates and also if they close deductions they would use that money to lower taxes in another area. after seeing republicans break, where they're saying, listen, we're willing to close tax loopholes to reduce the deficit, now we haven't yet seen that from congressional republican leaders, but we obviously are seeing it from prominent republicans you showed including senator graham and senator bob corker. >> question about two of those gentlemen here in a moment. cnn this morning talked to grover norquist, incumbents dare to break this pledge, dare to vote to raise taxes. the question was will he do it again? here's norquist. >> we w
're all getting this refresher course on grover norquist, though i was talking to john avalon yesterday and he said don't -- message to republicans, don't fear the grover. we know norquist is a lobbyist for years, he prevailed upon republicans, not signing -- not raising taxes by signing this pledge. no revenues whatsoever. moments ago, democrat chuck schume wear was on the senate f bidding grover norquist good riddance. watch this. >> grover norquist had a good run. it lasted far longer than 15 minutes but his trstringent vie make him an outliar now. it is not unlike ralph reed who steered the republican party too far right on social issues in the '90s and is hardly heard from anymore. >> is he, rick, spiking the football, maybe on the 5 yard line? is this a little too premature to be writing off the grover norquist here and the no new tax movement in the republican party? >> yes, i think it is too premature. grover norquist has become a convenient boogie man, merely because we have maybe hit a tipping point on tax increases and voters are starting to accept the idea that taxes have to
. that pledge pushed by the conservative activist, grover norquist, has been part of republican orthodoxy for several years which makes statements like these so surprising. listen -- >> i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> i'm not obligated on the pledge. i made tennesseans aware, i was just elected, that will only thing i'm honoring is the oath that i served. >> a pledge you signed 20 years ago, 18 years ago is for that congress. >> when i go to the constituents that have reelected me, it is not about that pledge. >> eric cantor, the majority leader in the house of representatives. joining us now, kevin mccarthy, the majority whip, the number three republican leader in the house of representatives. thanks for coming in. >> thanks for having me. >> are you ready to jump on that bandwagon and violate that grover norquist pledge? >> i think what the american people want is to see the problem solved. what we have, we spend more than $1 trillion more than we bring in every year. we have to solve that problem
-tax crusader grover norquist who had gotten a majority of republican lawmakers to pledge not to support any effort to raise taxes. >> i'm willing to generate revenue, it's fair to ask my party to put revenue on the table. we're below historic averages. i will not raise tax rates to do it. i will cap deductions. i will violate the pledge, long story short, for the good of the country only if democrat will do entitlement reform. >> reporter: it's not yet clear when lawmakers and the president will meet next. a final deal could still be a long way off. >> we rarely see the hill and the white house make decisions early. i would be pleasantly surprised to see a deal emerge earlier than the end of the year. but we'll see. >> reporter: this week just might bring the parties one step closer. athena jones, cnn, washington. >>> anger and fresh clashes in egypt as dwivisions deepen over the president's new powers. even the financial markets taking notice. >>> a weekend getaway turned into a raging inferno. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives
that and the going gets rough that they have an argument with me. >> so that is grover norquist if you don't already know. you probably should because he is making a lot of tv appearances. that was piers morgan tonight -- last night. >>> his group, american for tax reform is behind that no-tax pledge that's signed by the majority of republicans in congress. but now a few high-profile members of the gop are openingly questioning their pledge and saying it may stand in the way of getting a fiscal cliff deal done. that's one side of the equation. in exchange, those republicans say, look, we'll back down. but not if we don't get something for it. we want some entitlement reform. here are the big three entitlements -- social security, medicaid, and medicare, combined they make up 43% of federal spending last year. joining me is john avalon, cnn contributor, senior political columnist for "newsweek" and "the daily beast. "and all around very smart person. you have a column out about this. it's great reading. a lot of math in it. tons of math. >> i was told there would be no math, but there's math. >> a ch
is of course this week you see more republicans saying we're not going to hold to this grover norquist idea, norquist being the man everybody who is a republican has to sign a no tax increase -- >> chris: they've already sign it had. >> this week you had saxby chambliss from georgia joining people like john mccain, tom coburn and others and 12 members of the house who say republicans have to be willing to -- we did not win the election. the president's back in office, you have to make a deal. the president needs to deal too. this sometimes doesn't get attention but you heard nancy pelosi, harry reid, they expect a deal along with charlie wrangle before the deadline because the unions are advertising say don't you dare cut our programs badly. you see it advertising from the republican side. both sides are under pressure for a deal now and they're going to make it. >> chris: that's an optimistic view. bill, let me ask you, you can respond to sister chaney about this. one idea that was floated this week is for top earners to pay instead of raising the top are marginal rate they had pay that to
, grover norquist saying there's no tax pledge. here's a little bit about what we got. a taste of this weekend. listen. >> times have changed significantly, and i care more about this country than i do about a 20-year-old pledge. i think we owe the debt, and we to figure out a way to pay it. >> i agree entirely with saxby chambliss. a pledge you signed 18 years ago is for that congress. if i were in congress in 1841, would i have signed a declaration of war against japan. the wourld has changed, and the economic situation is different. >>> there's a lot that has been said about this pledge, and i will tell you when i go to the constituents that have re-elected me, it is not about that pledge. it really is about trying to solve problems. >> all right, dan. you got all these republicans who are basically reversing themselves. what is the white house thinking about all of this? the president? does he feel like now it strengthens his hands going into these negotiations, the next phase? >> you know, the white house would certainly be uncourage bid this. as you know, the republicans
republicans saying, you know, we will not hold to the grover norquist idea, the man who says that everybody who is a republican has to sign a "no tax increase" pledge. >> chris: in fact they've already signed it. >> in some cases but this week you had people like saxby chambliss, joining people like your guest this morning, john mccain, tom coburn and others and 12 members of the house, saying, republicans have to be willing to compromise. we did not win, clearly, this election, and the president is back in office, you have to make some kind of deal and so the president's side, he needs to deal, too. and sometimes it doesn't get attention from the press but you heard nancy pelosi and harry reid saying they expect a deal along with charlie rangel before the december 31 deadline and the unions are on the air saying, don't cut our programs badly and the republican side, both sides are under pressure for a deal, right now and they will make it. >> chris: well, that is an optimistic view. bill, let me ask you, you can respond to sister cheney about this. one idea floated this week is for top ear
classmate grover norquist, the anti-tax crusader who came out swinging this weekend reminding republicans who signed the no new tax pledge to not discuss impure thoughts if they talk about taxes on national television. i know important apornography w it. it made it very clear that any republican who signed the pledge, that's pretty much every republican in congress, who balks at someone whose career is over. to me, that meant the defectors are far and few between. as a moderate leadership cannot deliver those pledge to the norquist hardline. norquist who seems to welcome a bust on the wall of shame, used to beg for it, is more powerful than speaker john boehner. norquist is more powerful than boehner. it feels as if the air went out of the compromise zeppelin. hey, like the graph zeppelin, like, lakers. retail, now we're hearing that there wasn't as much follow-through to the initial sales from thursday night. i think it's nonsense, but mo macy's and costco were tagged with huge loss es today. i believe the holiday sales are far are flat-out strong. amazing numbers from apple, like a rock
does grover norquist pledge play into all of this, right? if you look at tom saying i don't see it as a pledge. >> however they want to modify that definition of having taken the pledge is fine by me. >> at the end of the day if you're the top 2% you're paying more and will feel like the taxes were raised. is that enough of an out, do you think? >> whatever they want -- however they want to gloss it over is fine by me. taking the pledge. i never took it even though i cut taxes and kept the budget spending low and all those good things and grover's group would never endorse me because i wouldn't take the pledge. it makes no sense to tie your hands before you know what you may actually be facing and what you're going to have to deal. and now what's happening -- i think it's a good sign as far as the ability to come to some kind of a compromise on the issue of the fiscal cliff. you have thoughtful leaders saying look, we cannot tie our hands this way. i don't care whether they want to say tess a revenue enhancer, it's closing a loophole and that's not really raising a tax. whatever
, the tea party is responsible for gridlock. we will have to make some changes. grover norquist and others will feel the impact of that analysis. connell: we will see how that plays out. thank you to both of you, as always, for coming on. >> thank you. dagen: billionaire hedge fund manager steve: on the ropes. what does charlie gasparino know about it? connell: and then we have holdups in holiday travel. there is jeff flock at the o'hare airport in chicago. jeff: a foggy day in chicago town. what is the impact? i will show you and tell you what we come back. standby. it is not a pretty bored. ♪ [ male announcer ] with over 50 delicious choices of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant dagen: breaking news to bring you that a mideast cease-fire could be imminent. two well respected sources telling fox news that they expect israel to announce a cease-fire later tonight or tomorrow local time. they expect hamas to declare an independent cease-fire as they did in january 2009. it comes as hillary clinton shuttles
chambliss is taking aim at tax reformist grover norquist. why the senator may back out of his pledge not to raise taxes. plus, house majority leader john boehner sounding more and more like republicans won't be easily won over during tax talks. the mering fiscal cliff next. >>> and it was a normal thanksgiving morning until this multi-car wreck. how some 100 cars collided in texas. >> it was just a kmpl seconds, chain reaction. crazy. flashed right before my eyes. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ throughout our lives. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day
Search Results 0 to 15 of about 16 (some duplicates have been removed)